Director, Head of Strategic Initiatives, COO, GBM

Title:

Director, Head of Strategic Initiatives, COO, GBM

Requisition : 272217

Salary Range:-

Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate’s relevant knowledge, skills, and experience.

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank’s strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.

Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.

Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!

Leads and oversees the Strategic Initiatives, Business Management, Governance, Communications, and People / Operating Model agenda for the GBM Chief Operating Officer (“COO”); and provides strategic support to the Managing Director, COO, GBM to execute the COO mandate by ensuring strategies, plans, initiatives, costs, governance forums, and organizational priorities are executed / delivered in alignment with GBM and the overall Bank strategy, internal policies, and applicable governance requirements.

• Advises the GBM COO on strategic, organizational, business management, governance, communications, and operating model matters, identifying and managing key objectives, dependencies, risks, and decision points.
• Supports the GBM COO on timely delivery of confidential and / or time-sensitive issues, including executive ready materials, cross-functional priorities, and leadership communications.
• Fills leadership gaps as responsibilities shift and change by managing through influence, partnering across teams, and driving outcomes for priorities small and large alike.

• Supports the development and implementation of the COO’s strategic agenda in line with GBM and the overall Bank strategy.
• Oversees the coordination and consolidation of the COO annual budget planning submission and quarterly forecasts, including the cost allocation process across COO globally to ensure accurate assignment of costs to the various businesses.
• Ensures COO costs are properly managed within GBM Expense Management policy, driving accountability, cost efficiency, and ownership of incurred costs and associated headcount.
• Oversees the production of management reporting and presentation materials required for multiple forums and purposes.
• Partners across multiple functions and with senior leaders (VP+) to drive execution, resolve barriers, and maintain alignment against strategic priorities.

• Ensures GBM alignment with global governance requirements from enterprise offices and committees, including Data & AI Committee, Compliance and Operational Risk Committee, Real Estate Committee, and other relevant global governance forums.
• Coordinates with enterprise partners to ensure GBM requirements, messaging, and submissions are consistent, complete, and appropriately positioned for senior management review.

• Manages GBM global management committees, including the newly established GBM ExCo, GBM COO, and GBM COO direct reports meetings, ensuring consistency across forums, clear messaging, and disciplined follow-through.
• Oversees agenda…